ShepWave Pre-Market / Intra Day Update for Tuesday Published
by ShepWave.com
Posted: 4/7/2014 17:18 EST

We had another good day today. Based on emails it seems that most ShepWave subscribers continue to profit from the markets. Nothing makes us happier.

The key is to watch the trigger areas and sell signals but also it is vital to watch the wave patterns. In finding a short term, or even a mid term bottom, it will be the wave patterns that will be our first indication that it is time to change positions. In the mean time we will continue to take profits and re-enter positions depending on the short to mid term trend signals.

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Intra Day Update for Tuesday Published

Is it time to take profits? You will have to read the intra day Update to see. Let's just say that the markets remain predictable and profitable.

Most traders make the common mistake of not interpreting the action correctly. Stocks generally do not go straight down or straght up. In this update you will se specific targets and new trigger areas.

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Important End of Day Update Published

Read the new analysis and notes closely. The targets we gave for today's rally have been hit. But note that the Dow is actually lagging a bit. The SPY and QQQ hit the targets dead on.

The implications for the mid term trend are what we all should be concerned with. For that reason today's close could be important. There is a new note in the 15 min QQQ chart giving a new trigger area. Those who trade the other indexes and stocks will still want to follow this signal if triggered.

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